Penske Logistics Named to Emerson Top Global Suppliers List

READING, Pa., November 7, 2008 - Penske
Logistics announced today it was honored as a
Marquee Supplier by Emerson. Penske was one of 38 companies recognized for meeting
global critical production and delivery needs.

This is the second year that Emerson has given out this award. Criteria for this honor
includes: superior quality and service, alignment with Emerson's strategic initiatives,
meeting the needs of Emerson businesses around the world, successful integration of
Emerson's new product development processes and support of lean supply chain initiatives
and the involvement of senior management.

"We're honored to be recognized by Emerson as one their top global suppliers," said Vince
Hartnett, President of Penske Logistics. "We have successfully implemented a series of
integrated solutions for freight transportation between Mexico and the U.S. for three
Emerson divisions."

"Emerson's ability to meet its customers' needs around the world requires business partners
who share our intensity of purpose and can deliver the highest levels of quality, creativity
and responsiveness," said Emerson Chief Operating Officer Ed Monser. "We are very pleased to recognize Penske Logistics for its performance on our behalf in 2008."

Emerson (NYSE:EMR), based in St. Louis, is a global leader in bringing technology and
engineering together to provide innovative solutions to customers through its network
power, process management, industrial automation, climate technologies, and appliance
and tools businesses. Sales in 2007 were more than $22 billion. For more information, visit
www.Emerson.com.